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Joe Biden, seen through a news camera viewfinder, speaks at a DNC event in Atlanta on June 6, 2019. Photo: Dustin Chambers/Getty Images

Joe Biden references President Trump at least 76 times in his prepared remarks for a Davenport, Iowa appearance on Tuesday — the same day that Trump will make an appearance.

Why it matters: Trump's aides have long seen the former vice president as his biggest potential threat in 2020. The president has recently been saying it out loud— and Biden seems to be just as focused on Trump — as their dueling Iowa trips provide a juicy splitscreen.

What Biden will say: "Trump doesn’t get the basics. He thinks his tariffs are being paid by China. ... The cashiers at Target see what’s going on — they know more about economics than Trump."

  • "I believe Trump is an existential threat to America."
  • "We choose hope over fear. Unity over division. Truth over lies. And science over fiction."

Go deeper: Behind the scenes of Trump's Biden obsession

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Go deeper

Hope King, author of Closer
Updated 13 mins ago - Economy & Business

Peloton pumps its brakes

Data: FactSet; Chart: Axios Visuals

Peloton’s popularity is falling as swiftly as it shot up.

Why it matters: Not all pandemic habits stick around. Peloton's trajectory over the past two years exemplifies how challenging it's been for companies to gauge shifts in consumer demand — particularly in sectors heavily altered by the pandemic.

Mitch McConnell's remarks on Black voters raise ire

Senate Minority Leader Mitch McConnell during a Capitol Hill news conference earlier this year. Photo: Anna Moneymaker/Getty Images

Senate Minority Leader Mitch McConnell (R-Ky.) has been widely criticized for comments he made this week about Black American voters.

Driving the news: When asked by a reporter Wednesday about concerns among voters of color, McConnell said "the concern is misplaced, because if you look at the statistics, Black American voters are voting in just as high a percentage as Americans."

Updated 2 hours ago - Politics & Policy

Scoop: Trump’s friends worry legal pick for N.Y. case lacks experience

Photo illustration: Sarah Grillo/Axios. Photo: Brandon Bell/Getty Images

Close associates and advisers to Donald Trump tell Axios they're concerned by his decision to use a relatively inexperienced New Jersey attorney, Alina Habba, in his high-stakes legal fight against New York Attorney General Letitia James.

Why it matters: A former president typically has access to the country's most prestigious experts, including lawyers. Trump has turned to the former general counsel for a parking garage company, who works from a small law office near his Bedminster, N.J., country club.